Is the Dogecoin (DOGE) price bottoming out? The $0.05 risk is emerging, and the rebound window remains to be confirmed.
On February 10, news reports that Dogecoin (DOGE) continues its weak consolidation, with the current price around $0.095, down 1.46% for the day, and the weekly decline expanding to 8.03%. After spiking to $0.15, DOGE entered a clear downtrend, with the lowest point touching $0.08. It then rebounded slightly, but the overall structure remains bearish.
Some crypto analysts believe that DOGE may be approaching the lower boundary of the long-term upward channel. This view is based on historical cycles: in 2017, DOGE increased by approximately 9,200% within 300 days, and the previous cycle saw an even higher gain within 154 days. If the price remains below $0.10, it could indicate that a phase bottom is forming, with a subsequent potential retest of the $0.30 region.
DOGE-0.69%
GateNewsBot·3h ago



